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Nebius Group ( (NBIS) ) has shared an announcement.
Nebius Group N.V. successfully closed a private placement of 33,333,334 Class A ordinary shares, generating approximately $700 million in gross proceeds. The company plans to use the net proceeds to enhance its AI infrastructure offerings, signaling a strategic investment in AI development capabilities.
More about Nebius Group
Nebius Group N.V. operates in the technology industry, focusing on developing AI infrastructure, including large-scale GPU clusters, cloud platforms, and tools and services for developers worldwide.
YTD Price Performance: 73.07%
Average Trading Volume: 16,227,872
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $6.53B
For an in-depth examination of NBIS stock, go to TipRanks’ Stock Analysis page.
